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Entries for Issuing Stock On January 22, Ireland Corporation issued for cash 19,000 shares of no-par common stock at $40. On February 14, Ireland issued

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Entries for Issuing Stock On January 22, Ireland Corporation issued for cash 19,000 shares of no-par common stock at $40. On February 14, Ireland issued at par value 10,000 shares of preferred 8% stock, $60 par for cash. On August 30, Ireland issued for cash 17,000 shares of preferred 8% stock, $60 par at $65. Journalize the entries to record the January 22, February 14, and August 30 transactions. If an amount box does not require an entry, leave it blank. Jan. 22 Cash V 760,000 Common Stock 760,000 600,000 Feb. 14 Cash Preferred Stock 600,000 1,105,000 Aug. 30 Cash Preferred Stock Paid-In Capital in Excess of Par-Preferred Stock 1,020,000 Feedback

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